Tag Archives | China credit

It Is Not A Question Of If, But Rather When

By John Richardson

IT is not a question if, but rather when Xi Jinping and Li Keqiang decide that enough is enough and get on with tackling China’s growing financial imbalances. That is if they don’t want the whole house …

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China PE Demand Increases Further

By John Richardson

THE great polyethylene (PE) mystery hunt continues.

As the chart above shows, China’s apparent PE demand (imports plus domestic production) grew by 14% in January-July 2013 compared with the same period in 2011, according to Global Trade …

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China Debt Dwarfs The Fed’s Quantitative Easing

YESTERDAY we highlighted how a crucial government meeting takes place in November in China. This could well outline the blueprint for economic reform over the next few years.

A major challenge facing China’s new leaders is the unsustainable surge in …

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Cheaper Credit Drives Inventory Building

 

By John Richardson

A DRAMATIC dip in the cost of short-term financing seems to further explain why China’s manufacturers  have ramped-up their inventories of raw materials.

When raw-material prices, including those of petrochemicals, start to rise (see the example …

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Crucial Six Months For China

 

By John Richardson

CHINA’S immediate credit scare appeared to ease somewhat yesterday when the People’s Bank of China (PBOC) said that it would supply liquidity to support banks that have a healthy balance sheet and lend to promising projects …

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China To Take A Big Stick To Financial Crisis

By John Richardson

CHINA is facing a financial crisis that could put US sub-prime into the shade.

“Between 2007 and 2012, the ratio of credit to GDP climbed to more than 190%, an increase of 60 percentage points,” said US …

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China’s New Credit Clampdown

By John Richardson

BEIJING is clearly getting worried that its politically motivated 2012 economic stimulus programme has damaged the economy.

“Just when the world had bought into a Chinese economic recovery, along comes the government throwing proverbial spanners in the …

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Pricing To Struggle For The Rest of 2012

By John Richardson

Further confirmation of the themes we raised yesterday emerged from an interview with a senior polyolefin industry source, with some important new analysis.

Profitability in Asia is the worst of any of the three regions, he told …

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The Murkiest Of Outlooks

By John Richardson

LACK OF visibility over what the New Year will bring for the global chemicals industry is a key feature of just about every conversation held with industry executives at the moment.

Perfect forecasting is, of course, always impossible, but …

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Asian Aromatics Crawl Towards Post-Chinese New Year

A roar or a whimper?

Source of picture: http://break4fun.zarke.net

 

By John Richardson

THE ASIAN aromatics market has had “both its legs chopped off below the knees, and has also had its proverbial hands broken,” said an Asian-based petrochemicals consultant …

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